Tag: #Droneattack
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Saudi Arabia says weapons debris shows Iran behind oil attacks
Saudi Arabia, 18 Sept, (BBC NEWS) ,Saudi Arabia’s defence ministry has shown off what it says is wreckage of drones and cruise missiles that prove Iranian involvement in weekend attacks on two oil facilities. It said 18 drones and seven cruise missiles were fired from a direction that ruled out Yemen as a source. Yemen’s…
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Aramco attack: Worst disruption ever sends oil prices soaring
Riyadh, 16 Sept, (ALJAZEERA) Oil prices surged more than 15 percent to their highest level in nearly four months after an attack on Saudi Arabia’s oil facilities that knocked out more than five percent of global oil supply. Brent crude futures jumped more than 19 percent to a session high of $71.95 a barrel at…
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Saudi on track to partly restore oil output as market quakes
Riyadh, Sept 16 (AFP/APP):Saudi Arabia is believed to be on track to quickly restore at least a third of its oil production lost to devastating attacks, as it scrambles to soothe market jitters ahead of a mega stock listing. Oil prices rocketed on Monday after the strikes on Abqaiq — the world’s largest oil processing…
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Saudi bourse slumps after oil facility attacks
Riyadh, Sept 15 (AFP/APP):Saudi shares slumped at the start of trading Sunday, the first session after drone attacks on two major oil facilities knocked out more than half the OPEC kingpin’s production. The Tadawul All-Shares Index, which tracks the Arab world’s largest capital market, sank three percent, shedding some 200 points in the first few…